The Treasurer has offered up “trillions of patient, friendly pension capital” to the US at a high-level summit in New York. Australian super funds have spent the past week in New York pushing for ...
The ASX-listed investment manager finished 2024 in an “incredibly strong position”, posting triple-digit growth in normalised NPAT, revenue and net inflows over the year. In an ASX listing on Monday, ...
Platinum Asset Management has seen its profits halve in the first half of FY2024–25 to $15.9 million as it announces a major investment team shake-up. Funds under management (FUM) were $11.1 billion, ...
Betashares has announced the launch of two new exchange-traded funds (ETF) – the Betashares Bitcoin ETF (QBTC) and Betashares Ethereum ETF (QETH). According to the firm, QETH marks the first ...
Perpetual has withdrawn from its sale agreement with KKR, with Morningstar earlier predicting the move but warning that the company’s $686 million debt could disappoint shareholders hoping for capital ...
InvestorDaily understands that funds are largely opposed to the government mandating annuities, following the release of a confidential proposal outlining plans to address the challenges of ...
The investment chief of the $139 billion fund UniSuper has doubled down on his scepticism of cryptocurrency. The CIO of UniSuper, John Pearce, described the recent rally in cryptocurrencies as a “sign ...
The RBA’s concern about repeating its past mistake of responding too slowly to inflation was a key factor behind its decision to implement a rate cut on Tuesday, the governor said. Speaking before the ...
The prudential regulator confirmed it is considering BUSSQ’s federal court appeal. BUSSQ has lodged an appeal against a decision made by the Federal Court on 31 January, which found the trustee should ...
The ETF manager has reached a new milestone and has now set its sights on $11 billion by the year’s end. Global X Australia has exceeded $9 billion in assets under management (AUM). This comes just ...
Where the RBA goes next is anyone’s guess, with economists and market pundits offering wildly different takes on the governor’s tone during the press conference and whether politics played a role in ...
In what it has called the “first partnership of its kind in Australia”, UniSuper has announced it will launch a digital advice offering for members in June. The super fund, which is the fourth largest ...